Question

a man makes a ptofir of 16% by selling a redio for ₹856. what is the cost price of the redio?​

Answer 1

Given

A man makes a profit of 16% by selling a radio for ₹856. what is the cost price of the radio ?

Solution

Profit Earned : 16 %

SP : 856

Concept Used

${\bigstar{\boxed{\sf{SP \times\frac{100}{100 + profit \%}}}}}$

$:\implies\sf{856 \times\frac{100}{100 + 16}}$

$:\implies\sf{856 \times\frac{100}{116}}$

$:\implies\sf{\frac{85600}{116}}$

$:\implies\sf\blue{737.93\:Ans}$

$\begin{lgathered}\boxed{\underline{\underline{\bigstar\:\bf\:Thank\:You\:\bigstar}}}\\\end{lgathered}$